Back 23 Larch Street
Off Market

23 Larch Street

Thomastown VIC 3074

3
1
3
650 m²
House
Last sold for $740,000
Mike AssaadMike Assaad, last sold this property on 20 September 2026 after 30 days on market.

Overview

Develop, Renovate or Rebuild - 655sqm of Potential

Set on a substantial allotment of approximately 655sqm, this property presents an exciting opportunity for developers, builders, investors, renovators and home buyers seeking to capitalise on a sizeable parcel of land in a well-established location. Adding to its appeal, plans and permits were approved in 2015, potentially providing an opportunity for reinstatement, subject to council approval. Whether you're looking to develop, renovate the existing residence or create a brand-new home (STCA), the property offers an exciting range of possibilities. The existing residence features three well-proportioned bedrooms, a generous formal living room, open-plan kitchen and dining area, central bathroom, sunroom, laundry and additional outdoor toilet, providing a practical foundation for renovation or immediate use. Outside, an expansive driveway and hardstand area lead to a substantial garage and workshop, offering excellent vehicle accommodation, storage and workspace. The generous rear yard, complete with established fruit trees, further highlights the scale, functionality and versatility of the allotment. Conveniently positioned close to schools, shopping, public transport, parklands and the M80 Ring Road, this is a rare opportunity to secure approximately 655sqm of land with immediate usability and exciting future potential. Develop, renovate, rebuild or invest - the opportunity is yours.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
650 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Thomastown over the last 12 months, the estimated median property value of 23 Larch Street is $767.5k.

Median value
$767.5k
Estimated value range
$620k - $1.02m
Median days on market
28
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Thomastown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Larch Street

2026
Sold
$740,000
20 Sep 2026 by Mike Assaad, of Ray White Wollert
2009
Sold
Undisclosed
Private Sale/Treaty on 14 Dec 2009

Happy sellers in Thomastown

92%
92% of sellers in Thomastown reported that their sale price either exceeded or met their price expectations.

Thomastown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 57 reviews in Thomastown over the last 12 months.

Local market activity for 3 bedroom houses in Thomastown

In the last 12 months, 105 three-bedroom houses similar to 23 Larch Street, have been sold.

This represents a 34% increase in three-bedroom houses sales when compared to the previous 12 months.

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